① Acrylic acid prices in East China were 8,350 RMB/ton, up by 50 RMB/ton from the previous working day.
② The average capacity utilization rate for the domestic acrylic acid industry was 71.6% today, an increase of 0.90 percentage points from the previous day.
Table 1: Summary of Domestic Acrylic Acid Prices (Unit: RMB/ton)
| Market | Specification | Sep 11 | Sep 14 | Change | Remarks |
|---|---|---|---|---|---|
| North China | Standard Grade | 8,000-8,100 | 8,100-8,300 | +100 / +200 | Acceptance delivery |
| East China | Standard Grade | 8,200-8,400 | 8,300-8,400 | +100 / 0 | Acceptance delivery |
| South China | Standard Grade | 8,400-8,500 | 8,500-8,600 | +100 / +100 | Cash delivery |
| Key Upstream | |||||
| Shandong | Propylene | 10,025 | 9,685 | -340 | Ex-works self-pickup |
| East China | Propylene | 10,000 | 9,800 | -200 | Ex-works self-pickup |
Data Source: Chempricehub Information
Using the East China market as a benchmark, the negotiated price for acrylic acid today was 8,350 RMB/ton, up 50 RMB/ton from the previous working day. The domestic acrylic acid market remained firm today. At the beginning of the week, wait-and-see sentiment was prevalent among market participants. Factories and holders maintained firm offers, while downstream buyers remained cautious with slower purchasing rhythms; however, actual transactions showed strong bargaining power. In the short term, the market is likely to continue consolidating at high levels, with attention focused on downstream follow-through and raw material trends.
Today’s acrylic acid capacity utilization rate was 71.6%, up 0.90 percentage points from the previous day. The profit margin for acrylic acid in East China was 392 RMB/ton, an increase of 192 RMB/ton from the previous working day.
The propylene market is expected to maintain its firm trend tomorrow, with strong cost-side support providing a solid floor for acrylic acid. Factory and holder offer sentiments remain stable, maintaining firm quotations. Downstream users have begun tentatively seeking lower-priced sources, leading to a slight recovery in inquiry activity, but actual transaction volumes remain cautious. Overall, supported by both cost pressures and factories' intent to hold prices steady, the short-term acrylic acid market is expected to continue running steadily with a bullish bias.
Propylene: Today, the Shandong propylene market rebounded after a decline. Mainstream closing references ranged from 9,600 to 9,770 RMB/ton, with an average price of 9,685 RMB/ton, down 340 RMB/ton from the previous working day. Over the weekend, propylene sellers continued to offer discounts, stimulating low-level restocking by traders. Coupled with localized supply reductions, trading activity improved. Companies raised offers slightly, some actual transactions saw widened premiums, and the center of gravity for deals shifted upward. However, the average price remained weaker compared to the previous working day.
Butyl Acrylate: The negotiated price range for butyl acrylate in East China was 9,750-9,950 RMB/ton, up 150 RMB/ton from the previous day. Butyl acrylate prices held firmly at high levels today. While propylene prices adjusted slightly downward and n-butanol prices dipped modestly, the cost structure for butyl acrylate remains elevated, creating significant pressure. Factories and holders maintained high-price offers. However, with consecutive rises in raw material costs, downstream tape master roll manufacturers and acrylic acid plants exhibited strong wait-and-see attitudes. Active inquiries were limited, resulting in moderate market liquidity.
Table 4: List of Domestic Acrylic Acid Data
| Indicator | Release Time | Previous Period Change | Expected Trend |
|---|---|---|---|
| Acrylic Acid Industry Operating Rate | Thu 17:00 PM | -1.29% | ↗ |
| Butyl Acrylate Industry Operating Rate | Thu 17:00 PM | -0.28% | ↗ |
| Acrylic Emulsion Industry Operating Rate | Thu 17:00 PM | +1.67% | ↗ |
| Tape Master Roll Industry Operating Rate | Thu 17:00 PM | +0.57% | ↗ |
Data Source: Chempricehub Information
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